Entrepreneur
Name
Boniface
Member since
July 2016
On-time repayments
189 installments • 29%
About Me
I was educated in kangundo district after which i proceeded to Nairobi for my higher education.
was very much interested in catering and this lead me to do my passion.
The land where i live there are numerous customers and many people are interested in my business.
my children wants to be self employed
i like socializing and traveling to meet new friends
My Business
I offer catering services in and outside mostly during wedding and dowry ceremonies.
I was funded by my parents when my business was at rescission and later repaid them.
I choose catering because i have passion in hotel management and meeting new people
The typical cost are the cost of acquiring raw material but the revenue is good
I use my profit for education and re investment
Loan Proposal
I will buy more utensil to enhance my productivity worth 15 dollars
I will pay my employees about 30dollars
ill buy 4 tables worth 20 dollars
ill buy cooking oil worth 12 dollars
this will enhance me to upgrade my services leading to increase in productivity and hence increase in profit margin,It will still help me create employment to young and energetic individuals
i would expect my profit margin to increase by about 70 percent.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$80.00
Date disbursed
Oct 16, 2016
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
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